Dow Jones Today: Stock Futures Point Higher After Dow, S&P 500 Close at Records; AMD Shares Soar on OpenAI Deal
Stock investors continue to downplay the U.S. government shutdown.
Futures pointed higher Monday after the three major stock indexes recorded weekly gains recorded weekly gains of at least 1%, with the blue-chip Dow Jones Industrial Average and benchmark S&P 500 setting closing records for a third consecutive session Friday.
Stock Market Today: Nasdaq, S&P 500 Futures Rise As Government Enters 2nd Week Of Shutdown—Plug, Lithium Americas, UiPath In Focus
U.S. stock futures rose on Monday following Friday’s mixed moves. Futures of major benchmark indices were higher.
The federal government shutdown will continue into this week after a Senate procedural vote failed again on Friday. The measure did not secure the 60 votes needed to advance,
Stocks in Emerging Markets Are Crushing the S&P 500. Should You Invest?
Emerging market stocks are also cheap.
September is a wrap, and it was a good one for the market. All major asset classes posted gains during the month. But one equity asset class had to beat the rest, and last month, it was stocks in emerging markets.
» Read more about: Stocks in Emerging Markets Are Crushing the S&P 500. Should You Invest? »
Read MoreGoldman's Kostin says S&P 500 firms to beat low earnings bar
by Levin Stamm
US companies are set to enjoy a better-than-expected earnings season as a robust economy and a solid outlook for artificial intelligence have left estimates looking too low, according to Goldman Sachs Group Inc. strategists.
The team led by David Kostin says consensus estimates are now “too conservative in light of economic data during the quarter.” They also expect the so-called Magnificent Seven group of technology heavyweights to beat expectations.
» Read more about: Goldman's Kostin says S&P 500 firms to beat low earnings bar »
Read MoreJim Cramer reveals 5 'boneheaded mistakes' he's made over decades of investing — how you can avoid the costly errors
Ask any celebrated investor the secrets to their success,
The Burst
Cheapest Stock in Buffett’s Portfolio: 51% Upside?
If you’re following Warren Buffett’s investment strategies, you may have come across Ally Financial, one of Berkshire Hathaway’s more recent holdings. Despite a challenging 2022, this financial services company boasts several attractive features. In fact, by our calculations, it’s currently the cheapest stock in Buffett’s Berkshire Hathaway portfolio.
Ally Financial is an industry leader in online banking and auto lending,
» Read more about: Cheapest Stock in Buffett’s Portfolio: 51% Upside? »
Read MoreThe Ivy
1 Overlooked Stock with Huge Potential
A couple of decades ago, eBay stock was all the rage. Buyers and sellers couldn’t get enough of the platform, transacting in a wide range of goods, and investors couldn’t get enough of the stock. When PayPal was spun out, eBay became a whole lot less interesting to investors, and today it stands virtually ignored.
» Read more about: 1 Overlooked Stock with Huge Potential »
Read More